Q. Who was the ruler of India when the East India Company was set up?
(a) Aurangzeb
(b) Akbar
(c) Jehangir
(d) Humayun
Ans: (b) Akbar
Explanation: A Mughal Emperor ruled India when the East India Company was established. Tha East India Company was established in 1600 during the reign of Mughal Emperor Akbar (1556-1605). The East India Company was an English company formed on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.
